1505 Mohawk CT Active

Cleveland,TN 37311

$ 475000

- Bed

0 Bath

3848 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,848 sqft

Price per Sqft $123

Subdivision Georgetown Estates

MLS Listing ID 1294458

Year Built 1970

Lot Size 0.270 Acres

Property Description

JUST REDUCED! 4 PLEX FOR SALE CLEVELAND TN - OWC FIRST W/25% DOWN- STRONG CASHFLOW!!!
This well-maintained quadplex in Cleveland offers a value add investment with plenty of rental upside! Units are rented on a month to month basis and Seller is offering great terms - subject to review of buyers financials, with 25% down payment, Seller will carry a 75% first deed of trust at 6.5%, amortized over 30 years with a balloon 3 years from closing. Recent updates include a new roof (2020) and 3 of 4 HVAC systems replaced in the last 3 years. Tenants pay all utilities, minimizing owner expenses. Unit 2 has been fully renovated with new appliances, new cabinetry, carpet, paint, and updated bathroom. A turnkey property with solid rental income potential! Please see video links for the interiors. As Mohawk is fully occupied, please allow 48 hours to schedule all showings through the listing agents. No sign on property and we respectively request that you do not disturb the residents

Location

State TN

County Bradley County - 47

Area 11550.0

Rooms

Other Rooms Other

Interior

Heating Central,Electric

Cooling Central Cooling

Flooring Laminate,Carpet,Vinyl,Tile

Exterior

Exterior Feature Balcony

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Building

Structure Type Brick,Other

Others

Acceptable Financing VA Loan,New Loan,FHA,Cash,Conventional

Listing Terms VA Loan,New Loan,FHA,Cash,Conventional

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